3M Company (MMM) price prediction for 2022
Predicted price range for 3M Company Our trading algorithm values 3M Company (MMM) to be fairly valued. ###PLOTLYGRAPH### The red lines in this plot …
Read ArticlePredicted price range for Snap-On Inc
Our trading algorithm values Snap-On Inc (SNA) to be overvalued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | overvalued |
| Current trend | uptrend |
| Buy/Sell Recommendation | Neutral |
| Current Price | $212.5 |
| 60 Day Prediction | $207.75 |
| 60 Day Pred - Lower Bound | $196.88 |
| 60 Day Pred - Upper Bound | $218.64 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = 0.036 * nr_days_in_the_future + 206.680
Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
SNA traded at $212.5 this Tuesday October 18th, gaining since last week.
Looking back, over the last month, SNA has been loosing $-3.29 or -1.55 percent.
Over the last year, it has been loosing $-0.01 or -0.0 percent.
Seasonality of Snap-On Inc
Using our AI model, we have been analyzing the value change for Snap-On Inc depending on the day or month of a year. This can be seen in the following graph:
